Brack Capital Properties has invested EUR 212 mln in German residential and commercial real estate in April. Last week the company announced the acquisition of 13 retail properties in Germany for EUR 120 mln. The assets comprise almost 160,000 m[sup]2[/sup] of retail space, of which 94% is leased. Brack Capital said it is negotiating with a financial institution to obtain a EUR 105 mln non-recourse loan to finance the deal.
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